For the first time since 2008, worldwide deliveries of business jets were higher than the previous year, according to 2013 year-end numbers released yesterday by the General Aviation Manufacturers Association (GAMA). Airframers handed over 678 business jets last year, six more than in 2012.
Embraer is endeavoring to boost executive jets sales and support its existing fleet in Asia, and says that the market is developing well despite widespread red tape that impedes business aviation in the region. On the static display here at the Singapore Airshow, the very large-cabin Lineage 1000E–Embraer’s largest business jet–is making its Asian debut.
Embraer Executive Jets appointed Peter Griffith vice president of sales and marketing for Europe and Africa and Peter Walker vice president of sales and marketing for the Middle East and Asia-Pacific. José Eduardo Costas, who has overseen Middle East and Asia-Pacific sales since 2008, will return to the company’s headquarters in Brazil to take on a broader role as vice president of market intelligence for Embraer Executive Jets. All will report to Marco Túlio Pellegrini, who became president and CEO of Embraer Executive Jets on January 1.
Embraer delivered 53 business jets in the fourth quarter, closing the year with shipments of 119 executive jets (90 light and 29 large) and meeting its 2013 delivery guidance. At year-end, its firm-order backlog for both executive jets and airliners stood at $18.2 billion.
On Saturday December 28, the Legacy 450, Embraer’s newest business jet, took to the air for the first time, according to the manufacturer.
Flown by company test pilots Eduardo Camelier and Eugênio Cará along with flight-test engineer Carlos Kobayashi, the twinjet successfully demonstrated its handling and performance characteristics during the hour and thirty-five minute flight.
When the General Aviation Manufacturers Association (GAMA) released its third-quarter delivery totals on Halloween, it was preparing the industry for some trick or treating.
Embraer Executive Jets (Chalet A7) is enjoying strong sales with a cumulative total of more than 630 sold in 50 countries to date, according to Colin Steven, the unit’s vice president of sales and marketing, Europe, Middle East and Africa. “We delivered 99 jets in both 2011 and 2012, despite the total market deliveries having dropped 6 percent in the same period,” he said.
A new study released last month by Newtown, Conn.-based Forecast International projects “restrained growth” in the regional airliner market over the next 10 years, stemming from such factors as major-airline consolidation. The study projects gradual and steady growth between 2013 and 2020, followed by a cyclical downturn in 2021 and 2022 that will negatively affect delivery numbers.
Bombardier released its third quarter 2013 financial results this morning with most of its numbers showing a slight decline in comparison with the same period last year. Revenues for the corporation as a whole totaled $4.1 billion at the end of the quarter on September 30, compared to $4.2 billion for the same fiscal quarter last year. Bombardier Aerospace accounted for $2 billion in the quarter, compared to $2.3 billion last year.
Embraer Executive Jets is making a splash here in Las Vegas, having brought its entire industry-spanning product line to the static display, including its new Legacy 500, which is making its first North American show appearance, and the Lineage 1000E extended-range version of its fleet flagship, which is sporting the manufacturer’s new branded paint scheme.